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New Deal


Announced

Idera to acquire Qubole.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

data lake platform

Majority

Pending

Private

Single Bidder

United States

Software

Friendly

Acquisition

Private Equity

Synopsis

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Idera, parent company of global B2B software productivity brands, agreed to acquire Qubole, a provider of open data lake solutions. Financial terms were not disclosed. "Companies generate and store both structured and unstructured data at unprecedented levels. Qubole's reputation as the leading cross-platform solution focused on unstructured data is a fantastic addition to Idera's Database Tools division. In particular, it will pair well with Idera’s WhereScape business, the leading provider of data automation solutions for data warehouses," Randy Jacops, Idera CEO.

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